Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.077%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1571.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.077%, 7d avg +0.015%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.16610.0100pay 0.0050% / 4h1h 36m$2.4M$2.0M50x
ShortGate ZRO_USDT1.16700.0100get 0.0050% / 4h1h 36m$1.3M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.077% → +0.015%
$6.19
Slippage, 4 orders
−$130.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$151.25
Costs to cover
1.574%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 10 min ago10.71 bp58.0 bp −$58160.3 bp −$1,603doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.29 bp31.6 bp −$3268.8 bp −$688doesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0008%1h1.1675+0.122%$4K$5K5xas long as short
dYdX ZRO-USD+0.0050%1h1.1660−0.007%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0091%4h1.1668+0.060%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1678+0.145%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1666+0.043%$37.0M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1667+0.055%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1668+0.059%$137K$172K5xas long as short
Binance ZROUSDT+0.0100%4h1.1648−0.109%$21.8M$29.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1657−0.034%$17.9M$13.5M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1652−0.077%$3.2M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDTshort+0.0100%4h1.1670+0.077%$1.3M$1.4M75x
MEXC ZRO_USDT+0.0100%4h1.16610.000%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1661long leg$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1645−0.137%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1660−0.009%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1668+0.060%$95K$220K20xas long as short
Variational Omni ZRO+0.0100%4h1.1670+0.077%$2.3M$812Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1680+0.163%$39K$670K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1680+0.163%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1665+0.034%$21K3xas long as short
BloFin ZRO-USDT+0.0106%4h1.1667+0.051%$1.0M$202K75xas long as short
Nado ZRO-PERP+0.0241%1h1.1666+0.045%$1.3M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1673+0.102%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1678+0.147%$253K$299K25xas long as short
Extended ZRO-USD+0.0680%1h1.1655−0.055%$799K$626K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1710+0.420%$12K$261K12xas long as short